All Grocery articles – Page 445
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NewsProfile: Richard Pennycook, permanent chief executive of the Co-operative Group
Richard Pennycook has today (September 4) been named permanent chief executive of the Co-operative group after taking on the role on an interim basis in March. Retail Week profiled him when he joined as finance director in 2013.
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NewsTesco to scale back on DIY, toys and electricals in-store
Tesco is to scale back DIY products, car accessories, small home appliances, and toys in store as the grocer’s non-food categories pulled down performance in its first quarter.
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NewsBooths hires former Best Buy exec as retail director
Booths has appointed the former retail director of the failed UK arm of electricals giant Best Buy to the same role at the upmarket northern grocer.
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NewsFortnum & Mason to open first new UK standalone store in 306 years
Fortnum & Mason has revealed plans to open a 2,000 sq ft store at London’s King’s Cross St Pancras station.
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NewsShop prices deflate for the first time in more than three years in May
Annual shop price inflation in May slipped 0.1% from a 0.4% increase in April, the first time it has deflated for more than three and a half years.
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NewsTesco first quarter results: What the analysts say
Tesco UK like-for-likes dropped 1% in its first quarter, as its general merchandise division had “held back sales in the UK”. Retail Week summarises the City’s reaction.
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NewsTesco UK like-for-likes fall as general merchandise hinders performance
Tesco UK like-for-likes excluding VAT and petrol fell 1% in its first quarter as its general merchandise arm pulled down performance.
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NewsIn focus: May retail sales figures from the BRC
UK retail like-for-like sales rose 1.8% in May, according to the British Retail Consortium (BRC)-KMPG Retail Sales Monitor. Retail Week drills down into how each of the individual categories performed.
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NewsMay like-for-likes up 1.8% helped by strong furniture and flooring sales
May retail like-for-like sales jumped 1.8% year on year boosted by the improved weather and strong sales in furniture and flooring.
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Analysis
In numbers: The retail sector's contribution to the UK's public purse
Retailers have been hit by surging tax bills driven by increasing corporation and property taxes, according to the PwC survey of the Hundred Group of the UK’s largest businesses.
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NewsHotel Chocolat eyes international growth as stake sale talks progress
Upmarket chocolatier Hotel Chocolat is eyeing international expansion as talks progress over a potential stake sale to fund its “next stage of growth”.
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OpinionBlog: Ocado makes a cheeky grab for other grocers' shoppers
Ocado may divide opinion but nobody can doubt that its technical expertise is top notch.
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NewsMay retail sales fall at steepest rate in more than a year
May retail sales fell at their sharpest rate in more than a year but retailers remain positive forecasting sales growth next month.
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NewsOcado launches tool to swipe shoppers from rivals including Waitrose
Ocado has launched a new tool aimed at stealing shoppers from its rivals including supply partner Waitrose.
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NewsSainsbury's grocery website hit by technical problems
The Sainsbury’s grocery website has gone down this morning with a sign up for maintenance telling customers it will be “back shortly”.
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NewsAsda Income Tracker: Disposable income hits 12-month low
The average weekly disposable income for families has fallen to a 12-month low, according to Asda.
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NewsSupermarkets face legal threat over lads mags display
UK supermarkets could be exposed to a legal challenge if they refuse to remove ‘lads mags’ from their shelves, lawyers have warned.
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NewsWaitrose to supply Chile with British products in export deal
Grocer Waitrose is to start supplying some of its most popular items to Chile after signing an export deal with Unimarc supermarkets.
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NewsHotel Chocolat in talks with private equity firms to sell minority stake
Hotel Chocolat is in talks with private equity groups about a possible stake sale that values the confectioner at more than £100m.
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GalleryStore of the week: Asparagus Patch, Liverpool One
Who says that asparagus is the preserve of the over-precious metrosexual-leaning Nimby classes?